Seagate insider may sell $79M in stock for taxes
A Seagate Technology executive filed a Rule 144 notice to sell shares mainly to cover tax withholding from recent performance share vesting.
Rhea-AI Filing Summary
Seagate Technology Holdings plc (STX) is the issuer for a notice filed on behalf of William D. Mosley to sell common stock under Rule 144. The notice covers up to 102,784 shares of common stock to be sold through Morgan Stanley, with an aggregate market value of $79,363,744.68, compared with 226,644,518 shares outstanding as of September 15, 2026; this is a baseline figure, not the amount being offered. The shares relate to 177,000 shares of common stock issued on September 14, 2026 due to Performance Share Unit vesting as compensation for services. Recent sales in the prior three months include blocks of 30,000 shares on July 1, 2026 and 30,000 shares on August 3, 2026. The notice states that sales are to be made pursuant to an issuer-mandated sell-to-cover solely to satisfy tax withholding obligations.
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Key Figures
Key Terms
Rule 144 regulatory
sell-to-cover financial
Attorney-in-Fact regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Seagate Technology (STX) disclose in this Form 144 notice?
How does the Seagate (STX) filing describe the purpose of the planned stock sales?
What past Seagate (STX) stock sales by William D. Mosley are listed?
Who signed the Seagate (STX) Form 144 and on whose behalf?
AI-generated analysis. How Rhea-AI works. Not financial advice.